by the way, we haven't talked about the defense cuts that go into effect on january 1, which is truly massive. those have a negative effect on the sector exposed to it and jobs there. >> really quickly now. i love having you on because you have the ability to simplify fairly complex questions. i'm going to give you one here. republicans generalliy argue tht raising taxes will hurt the economy. is there any clear indication there will be job losses if tax rates go up 2, 3 percentage points. >> no matter how editorials you read arguing that case, there's no clear-cut evidence there's any clear-cut connection between marginally higher rates or lower growth over the past 50, 60 years. >> the correlation is not definitive? >> yes. >> zachary, thank you so mesh. blake, always a pleasure. lori, thanks to you in d.c. as well. >>> coming up a deadly development in london after the prank phone call to the hospital where the duchess of cambridge was treated. the nurse initially duped by the hoax is found dead. new reaction from the palace next. plus, a new report reveals how much money was spent